Jackson Hewitt Tax Service vs Ledgers Canada Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Jackson Hewitt Tax Service vs Ledgers Canada including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Jackson Hewitt Tax Service Franchise
Ledgers Canada Franchise
Investment $45,130 - $110,255$30,000
Franchise Fee $15,000 - $25,000$20,000
Royalty Fee 15% - 5%-
Advertising Fee 6%-
Year Founded 19601994
Year Franchised 19861996
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee --


Business Experience Requirements
 
Jackson Hewitt Tax Service Franchise
Ledgers Canada Franchise
Experience --

Financing Options
 
Jackson Hewitt Tax Service Franchise
Ledgers Canada Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees Yes/No-/-
Start-up Costs No/No-/-
Equipment No/No-/-
Inventory No/Yes-/-
Receivables No/No-/-
Payroll No/No-/-

Training & Support
 
Jackson Hewitt Tax Service Franchise
Ledgers Canada Franchise
Training On-The-Job Training: 14 hours Classroom Training: 35 hours Additional Training: At Technology Headquarters (Sarasota, Fla.) -
Support Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform -
Marketing Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Email marketing Loyalty program/app-
Operations 83% of all franchisees own more than one unit

Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators)

-

Expansion Plans
 
Jackson Hewitt Tax Service Franchise
Ledgers Canada Franchise
US Expansion Yes-
Canada Expansion NoNo
International Expansion NoNo

Company Overviews

About Jackson Hewitt Tax Service

Started in1960, Jackson Hewitt is a full-service, year-round national tax service specializing in computerized federal and state preparation of individual returns. It began franchising in 1986, the same year that the IRS introduced electronic filing.

The total investment necessary to begin operation of a standard Jackson Hewitt Tax Service® business is $74,820 to $110,255 and for a kiosk location is $45,130 to $71,355. This includes $15,500 to $25,500 that must be paid to the franchisor.
Veteran Incentives  20% off franchise fee
"Entrepreneur
#197 in Franchise 500 for 2020.
#250 in Franchise 500 for 2021.



About Ledgers Canada

Ledgers Franchise owners provide a comprehensive suite of services to small businesses, their owners and the general public. Services range from bookkeeping, payroll and personal income taxes to Corporate financial statement preparation and tax returns. Trained and supported by a team of Accounting Professionals including CA's, CGA's and CMA's, Ledgers Network Members are changing the scope of small business services across North America.